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Howard Stutz Gaming Guru - Page 95Inside Gaming: No mixed signals, no more licenses2 December 2013
Anyone trying decipher subliminal messages from the early November policy address by Macau’s top government official would have an easier time determining whether the Beatles were secretly telling us Paul was dead through the “Abbey Road” album cover. Both ideas are urban myths. Macau Chief Executive ... (read more)
Baccarat, Laughlin, football betting shine in tepid gaming month2 December 2013
LAS VEGAS -- Even a somewhat dismal gaming month like October had bright spots. Baccarat business continued to shine, Laughlin is trending upward and football wagering kept the Nevada casino industry from a larger overall decrease. Casinos statewide collected $954.3 million from gamblers during October, a ... (read more)
Group opposed to Station Casino project qualifies for California referendum26 November 2013
Station Casinos, Inc. will have to wait a year to find out if it can help a California Indian tribe build a $350 million casino complex 25 miles north of Fresno. An opposition group — which is financially backed by two competing Indian tribes — qualified a statewide ballot referendum for California’s ... (read more)
Bally completes $1.3 billion SHFL entertainment purchase26 November 2013
Slot machine giant Bally Technologies, Inc. on Monday completed its $1.3 billion buyout of gaming equipment rival SHFL Entertainment, forming one of the most diverse manufacturers in the casino business. The merger combines the gaming industry’s second-largest slot machine provider in Bally Technologies, ... (read more)
Boyd exec readies for rollout of Web gambling in New Jersey25 November 2013
To Boyd Gaming Corporation Executive Vice President Bob Boughner, the Borgata in Atlantic City is handling this week’s launch of Internet gaming in New Jersey much as it would oversee the opening of a new restaurant. The expected revenue from New Jersey’s online wagering market, however, should far exceed any dinner tab. ... (read more)
Adelson faces steep odds in campaign to roll back Internet gambling25 November 2013
LAS VEGAS -- Earlier this summer, Sheldon Adelson told those nasty little Internet gaming punks to get off his lawn. Now, he thinks they egged his house. As payback, the chairman and CEO of Las Vegas Sands Corp. says he’ll put online gaming out of business forever in the United States. Adelson, 80, who is ... (read more)
Hacienda to remodel, become Hoover Dam Lodge25 November 2013
The Hacienda Hotel and Casino near Boulder City will be renamed the Hoover Dam Lodge and the 289-room hotel-casino overlooking Lake Mead will close for a week over Christmas once its sale is finalized. Nevada Restaurant Services, Inc., which operates more than 80 Dotty’s taverns statewide, announced plans for the renovation Friday. ... (read more)
Slot-machine jackpots rivaling multistate lotteries get gaming regulators' nod22 November 2013
LAS VEGAS -- Nevada could soon join with other states to offer slot machine jackpots rivaling the awards produced by multistate lotteries. The Nevada Gaming Commission unanimously approved regulation changes Thursday that allows slot machine manufacturers to increase their prize pools by linking slot machine jackpots across state lines. ... (read more)
Gaming regulators OK Bally Technologies' buyout of SHFL Entertainment22 November 2013
LAS VEGAS -- Nevada gaming regulators took a little more than an hour to approve Bally Technologies’ $1.3 billion buyout of gaming equipment rival SHFL entertainment Thursday during a special hearing. The transaction, in which Bally is paying SHFL shareholders $23.25 per share, is expected to create a ... (read more)
Contract wins overwhelming approval of MGM Resorts International employees22 November 2013
LAS VEGAS -- Union employees at 10 Strip casinos operated by MGM Resorts International overwhelmingly approved a new five-year contract Wednesday that included company increases for health care costs. The contract is the first deal that Culinary Workers Local 226 and Bartenders Local 165 have reached with ... (read more)
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